Budget Expenditure for Ministry of Railway (Reserve Funds) in India (2017-2018 and 2018-2019) | |||||
(Rs. in Crore) | |||||
Fund | Year | Sources of Transfer and Schemes Financed | Opening Balance | Amount Transferred /Utilised | Closing Balance |
A. Reserve Fund 1 (Depreciation Reserve Fund) Opening Balance | |||||
Interest Accrued During 2016-1017 (@ 5.75%age p.a.) | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Interest Accrued during the Year (@ 5.75%age p.a.) | |||||
Estimated Closing Balance as on 31.3.2018 | |||||
Utility of the Fund : to Meet Capital Expenditure on Replacement and Renewal of Railway Assets, Including the Improvement Element. | |||||
Estimated Opening Balance | |||||
Transfer to the Fund (@ 5.75%age p.a.) | |||||
Utilization from the Fund | |||||
Interest Accrued during the Year (@ 5.75%age p.a.) | |||||
Estimated Closing Balance as on 31.03.2019 | |||||
Utility of the Fund : to Meet Capital Expenditure on Replacement and Renewal of Railway Assets, Including the Improvement Element. | |||||
B. Reserve Fund 2 (Pension Fund) Opening Balance | |||||
Interest Accrued During 2016-17 (@ 5.75%age p.a.) | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Interest Accrued during the Year (@ 5.75%age p.a.) | |||||
Estimated Closing Balance as on 31.03.2018 | |||||
Utility of the Fund : to Meet the Pension Liabilities of Retiring/ Retired Railway Employees and Family Pension. | |||||
C. Reserve Fund 3 (Development Fund) Opening Balance | |||||
Interest Accrued during 2016-2017 (@ 5.75%age p.a.) | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Interest Accrued during the Year (@ 5.75%age p.a.) | |||||
Estimated Closing Balance as on 31.03.2018 | |||||
Utility of the Fund : to Meet Capital Expenditure on Passengers and Railway Users Amenities, Labour Welfare Works, Unremunerative Operating Improvements and Safety Works. | |||||
Estimated Opening Balance | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Interest Accrued during the Year (@ 5.75%age p.a.) | |||||
Estimated Closing Balance as on 31.03.2019 | |||||
Utility of the Fund : to Meet Capital Expenditure on Passengers and Railway Users Amenities, Labour Welfare Works, Unremunerative Perating Improvements and Safety Works. | |||||
D. Reserve Fund 4 (Capital Fund) Opening Balance | |||||
Interest Accrued during 2016-2017 (@ 5.75%age p.a.) | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Interest Accrued during the Year (@ 5.75%age p.a.) | |||||
Estimated Closing Balance as on 31.03.2018 | |||||
Utility of the Fund : to Meet the Debt Servicing Obligation of Principal Component of Market Borrowings from Indian Railway Finance Corporation (IRFC) and for Expenditure on Works of Capital Nature. | |||||
E. Reserve Fund 5 (Debt Service Fund) Opening Balance | |||||
Interest Accrued during 2016-2017 (@ 5.75%age p.a.) | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Interest Accrued during the Year (@ 5.75%age p.a.) | |||||
Estimated Closing Balance as on 31.03.2018 | |||||
Utility of the Fund : to Meet the Debt Servicing Obligation of Loans Taken from JICA, World Bank etc and to Meet the Arrears of Pay on Account of Pay Commission Recommendations. | |||||
Estimated opening Balance | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Interest Accrued during the Year (@ 5.75%age p.a.) | |||||
Estimated Closing Balance as on 31.03.2019 | |||||
Utility of the Fund : to Meet the Debt Servicing Obligation of Loans Taken from JICA, World Bank etc and to Meet the Arrears of Pay on Account of Pay Commission Recommendations. | |||||
F. Reserve Fund 6 (Railway Safety Fund) Opening Balance | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Estimated Closing Balance | |||||
as on 31.3.2018 | |||||
Utility of the Fund :for Capital Expenditure on Railway Safety Works including the Construction of Over/under Bridges on Rail- Road Crossings and Erection of Safety Works at Un-Manned Rail- Road Crossings, New Lines, Gauge Conversion and Electrification. | |||||
G. Reserve Fund 7 (Rastriya Rail Sanraksha Kosh - RRSK) Opening Balance | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Estimated Closing Balance as on 31.03.2018 | |||||
Utility of the Fund : for Capital Expenditure on Safety Related Railway Works Including Renewal and Replacement of Railway Assets | |||||
Estimated Opening Balance | |||||
Transfer to the Fund | |||||
Utilization from the Fund | |||||
Estimated Closing Balance as on 31.03.2019 | |||||
Utility of the Fund : for Capital Expenditure on Safety Related Railway Works Including Renewal and Replacement of Railway Assets |